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Berita Hari Ini IA-CEPA
On Monday (08/04) Indonesia Investments released the March 2019 edition of its monthly research report. The report aims to inform the reader of the key political, economic and social developments that occurred in Indonesia in the month of March 2019 and also touches upon key international developments that impacted on the Indonesian economy.
Indonesian Trade Minister Enggartiasto Lukita said the Indonesian government plans to sign the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) in March 2019.
Negotiations related to the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) have entered the final phase. Iman Pambagyo, the Trade Ministry's International Trade Negotiations Director General, said both sides are currently finalizing the agreement. He added that around 85 percent of the agreement has been completed now and the deal is expected to be fully completed before the end of 2018.
General Motors manufactured its last Holden car at the Adelaide factory on Friday (20/10), hence effectively ending the once-iconic Australian car industry. From now on Australians will have to buy cars that were imported from abroad. While other governments have been keeping national automotive industries alive after the financial crisis through bailouts, the Australian government saw no real economic reason to keep this industry alive.
Neighbors Indonesia and Australia will resume talks about the Indonesia-Australia Economic Partnership Agreement (IA-CEPA), a bilateral free trade agreement. The decision to resume negotiations in May 2016 was taken after Indonesian Trade Minister Thomas Lembong met Australian Trade and Investment Minister Steven Ciobo in Canberra on Wednesday (16/03). Previously, talks about the IA-CEPA were put on hold amid a period of severe diplomatic tensions between both nations involving the "2013 spy-scandal", the execution of two Australian citizens in, cattle trade, and the tough asylum-seeker policies of Australia.
Artikel Terbaru IA-CEPA
After nearly nine years of talks and negotiations (although communication between both sides had been put to a halt - amid diplomatic tensions – at more than one occasion over these nine years) Indonesia and Australia finally signed the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) in Jakarta on 4 March 2019. It is an agreement that launches a brand new chapter in economic relations and cooperation between Australia and Indonesia.
Indonesian President Joko Widodo and Australian Prime Minister Malcolm Turnbull have intensely discussed negotiations surrounding the creation of the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA). Both leaders met at the sidelines of a special summit of the Association of Southeast Asian Nations (ASEAN) leaders in Sydney (Australia) this weekend.
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